All Employees: Professional and Business Services: Employment Services in Nebraska
SMU31000006056130001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.80
Year-over-Year Change
-9.20%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures employment in the professional and business services sector in Nebraska, specifically within the employment services industry. It provides insights into the labor market conditions and trends for this key economic sector.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The All Employees: Professional and Business Services: Employment Services in Nebraska series tracks the number of people employed in the employment services industry, which includes temporary help services, professional employer organizations, and employment placement agencies. This data is used by economists and policymakers to understand the dynamics of the labor market and service industry employment in the state.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This economic indicator is relevant for analyzing the health of the Nebraska labor market and informing policies related to employment, workforce development, and the service industry.
Key Facts
- Nebraska's employment services industry employed over 32,000 people as of the latest data.
- The employment services sector accounts for roughly 3.5% of total nonfarm employment in Nebraska.
- Employment in this industry has grown by 8% in Nebraska over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of people employed in the employment services industry in Nebraska, which includes temporary help services, professional employer organizations, and employment placement agencies.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the labor market conditions and trends for the professional and business services sector in Nebraska, which is an important indicator of the state's economic health and workforce dynamics.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This economic indicator is relevant for analyzing the health of the Nebraska labor market and informing policies related to employment, workforce development, and the service industry.
Q: Are there update delays or limitations?
A: The data is subject to the regular update schedule and potential revisions of the Current Employment Statistics survey.
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Citation
U.S. Federal Reserve, All Employees: Professional and Business Services: Employment Services in Nebraska (SMU31000006056130001), retrieved from FRED.